CT Real Estate Investment Trust (CRT.UN) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Gigi, and I'll be your conference operator today. At this time, I would like to welcome everyone to CTREIT's Q1 2025 Earnings Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star 1-1 on your telephone keypad. To withdraw your question, please press star 1-1. The speakers on the call today are Kevin Salzberg, President and Chief Executive Officer of CTREIT, Jody Spiegel, Senior Vice President, Real Estate, and Leslie Gibson, Chief Financial Officer. Today's discussion may include forward-looking statements. Such statements are based on management's assumptions and beliefs. These forward-looking statements are subject to uncertainties and other factors that could cause actual results to differ materially from such statements. Please see CT Reads Public Filings for a discussion of these risk factors, which are included in their Q1 2025 and Annual 2024 Management Discussion and Analysis, as well as their 2024 Annual Information Form. all of which can be found on CTREIT's website and on CDAR+. I will now turn the call over to Kevin Salzberg, President and Chief Executive Officer of CTREIT. Kevin? Thank you, Gigi. Good morning, everyone, and thank you for joining us this morning on CTREIT's first quarter investor conference call. I am very pleased to report that Q1 was another strong quarter for CTREIT. Our solid portfolio continues to provide a steady and growing base that underpins our ability to deliver reliable and durable results, even in these challenging macroeconomic times. With occupancy stable again this quarter at 99.4%, we delivered growth in same-store ...